| 2021-05-14 16:03:11|
XLK, XLY… 16:03 05/14 05/14/21
On The Fly: Weekly technical notes for S&P 500
The S&P 500 (SPX) is set to end near Monday's close, making it down against last Friday but off the lows of the week. At the last price of 4175 resistance for the coming week will be in the range of 4180 to 4238.04, with the latter level being the life high. Support will be in the range of 4160-4110. No sectors for the week will end in the green. The best relative performers were Consumer Staples (XLP), Health Care (XLV), and Utilities (XLU). The worst performers were Consumer Discretionary (XLY) and Technology (XLK).